PODCAST: Asia ethylene sees pre-holiday restocking; PVC mood less upbeat
Damini Dabholkar
29-Jan-2024
SINGAPORE (ICIS)–Asia’s ethylene (C2) market saw tighter supply from deep-sea origins and some restocking in January, ahead of the Lunar New Year holiday in February.
Downstream polyvinyl chloride (PVC) demand was steady but buyers in some regions such as India were resistant to higher February offers.
In this chemical podcast, ICIS market editors Damini Dabholkar, Jonathan Chou and Josh Quah discuss recent market conditions, with an outlook ahead in Asia.
- C2 deep-sea supply curtailed; pre-Lunar New Year restocking takes place
- NE Asia PVC supply mixed; producers struggle with squeezed margins
- India PVC buyers resist higher offers amid sufficient availability
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